Horizon Financial Services LLC Sells 1,391 Shares of iShares CMBS ETF (NYSEARCA:CMBS)

Horizon Financial Services LLC decreased its position in iShares CMBS ETF (NYSEARCA:CMBS) by 20.3% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 5,473 shares of the company’s stock after selling 1,391 shares during the period. Horizon Financial Services LLC owned 0.06% of iShares CMBS ETF worth $258,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. MidAtlantic Capital Management Inc. boosted its holdings in shares of iShares CMBS ETF by 65.2% in the 4th quarter. MidAtlantic Capital Management Inc. now owns 1,064 shares of the company’s stock worth $50,000 after buying an additional 420 shares during the last quarter. Columbus Macro LLC boosted its stake in iShares CMBS ETF by 3.9% in the fourth quarter. Columbus Macro LLC now owns 11,853 shares of the company’s stock valued at $559,000 after acquiring an additional 444 shares during the last quarter. Decker Retirement Planning Inc. bought a new position in shares of iShares CMBS ETF during the 4th quarter valued at approximately $28,000. Jones Financial Companies Lllp increased its stake in shares of iShares CMBS ETF by 8.4% during the 4th quarter. Jones Financial Companies Lllp now owns 10,819 shares of the company’s stock worth $511,000 after purchasing an additional 836 shares during the last quarter. Finally, Commonwealth Equity Services LLC raised its holdings in shares of iShares CMBS ETF by 2.9% in the 4th quarter. Commonwealth Equity Services LLC now owns 30,906 shares of the company’s stock worth $1,459,000 after purchasing an additional 871 shares during the period.

iShares CMBS ETF Price Performance

Shares of NYSEARCA CMBS opened at $48.07 on Friday. The stock has a fifty day simple moving average of $47.76 and a two-hundred day simple moving average of $47.74. iShares CMBS ETF has a 1-year low of $45.76 and a 1-year high of $49.18.

iShares CMBS ETF Profile

The iShares CMBS ETF (CMBS) is an exchange-traded fund that is based on the Bloomberg U.S. CMBS (ERISA Only) index. The fund tracks an index of investment-grade commercial mortgage-backed securities (CMBSs) with an expected life of at least one year. CMBS was launched on Feb 14, 2012 and is managed by BlackRock.